Investment management

FILE - In this Jan. 24, 2020 file photo, Cory Doctorow, right, walks in front of other protestors in Los Angeles outside the headquarters of the regulatory body for domain names, the Internet Corporation for Assigned Names and Numbers. A private equity firm announced Friday, Feb. 21, what it calls legally binding commitments designed to ease concerns that its proposed $1.1 billion private takeover of the dot-org domain-setting registry would lead to price gouging and censorship. (AP Photo/Mark J. Terrill)
KNSS News
February 21, 2020 - 7:06 pm
LOS ANGELES (AP) — A private equity firm seeking to buy rights to operate the internet's .org suffix said Friday it will cap price hikes and create an advisory board with veto powers to ease concerns from the nonprofit community. Ethos Capital has offered $1.1 billion to buy the Public Interest...
Read More
FILE- In this Nov. 8, 2018, file photo model Devon Windsor walks the runway during the 2018 Victoria's Secret Fashion Show at Pier 94 in New York. Victoria's Secret's owner, L Brands, said that the private-equity firm Sycamore Brands will buy 55% of Victoria's Secret for about $525 million. Victoria's Secret will become a private company. (Photo by Evan Agostini/Invision/AP, File)
February 20, 2020 - 3:22 pm
NEW YORK (AP) — Victoria's Secret, which once defined sexy with its leggy supermodels prancing around in their bras and oversized angel wings, is being sold, its fortunes diminished as women increasingly look for styles that more realistically fit their body types. The company's owner, L Brands,...
Read More
February 18, 2020 - 7:24 am
SAN MATEO, Calif. (AP) — Franklin Resources is buying competitor Legg Mason for $4.5 billion, creating a financial company with a combined $1.5 trillion in assets under management. Franklin Resources Inc., which operates as Franklin Templeton, said Tuesday that it will pay $50 for each Legg Mason...
Read More
FILE - In this Feb. 8, 2009 file photo, cranes off load containers at the Jebel Ali port terminal 2, in Dubai, United Arab Emirates. Port operator DP World said Monday, Feb. 17, 2020, that it will delist from the Nasdaq Dubai stock exchange, returning the company to full state-ownership in a move that will help the Dubai government's investment company repay more than $5 billion to banks. (AP Photo/Kamran Jebreili, File)
February 17, 2020 - 6:32 am
DUBAI, United Arab Emirates (AP) — Port operator DP World said Monday it will delist from the Nasdaq Dubai stock exchange, returning the company to full state-ownership in a move that will help the Dubai government's investment company repay more than $5 billion to banks. DP World, the world’s...
Read More
FILE - This Oct. 14, 2009 file photo, shows copies of the McClatchy Co. owned Miami Herald newspaper in Miami. McClatchy Co., the publisher of the Miami Herald, The Kansas City Star and dozens of other newspapers across the country is filing for bankruptcy protection. McClatchy Co. said Thursday, Feb. 13, 2020, that it will continue to run normally as it pursues approval of its restructuring plan under Chapter 11. (AP Photo/Wilfredo Lee, File)
KNSS News
February 13, 2020 - 2:06 pm
NEW YORK (AP) — McClatchy, the publisher of the Miami Herald, The Kansas City Star and dozens of other newspapers, has filed for bankruptcy protection as it struggles to pay off debt while revenue shrinks because more readers and advertisers are going online. McClatchy said Thursday that its 30...
Read More
FILE - In this Oct, 29, 2018 file photo James Murren, CEO of MGM Resorts International, participates in a news conference in New York. Murren the head of casino giant MGM Resorts International says he'll step down as company chairman and chief executive as soon as the company leaders find his successor. Murren was praised in a company statement Wednesday, Feb. 12, 2020, saying he informed the corporate board he intends to leave before his contract expires, at the end of 2021. (AP Photo/Seth Wenig,File)
February 12, 2020 - 6:35 pm
LAS VEGAS (AP) — Jim Murren, the head of casino giant MGM Resorts International, says he’ll step down as chairman and chief executive as soon as the company finds a successor. Murren has led the company since 2008. A corporate statement Wednesday said he intends to leave before his contract expires...
Read More
Fred Wilpon, principal owner of the New York Mets, waves as he heads to a meeting during MLB baseball owners meetings, Wednesday, Feb. 5, 2020, in Orlando, Fla. (AP Photo/John Raoux)
February 06, 2020 - 7:13 pm
ORLANDO, Fla. (AP) — Baseball Commissioner Rob Manfred says talks have ended over the proposed sale of a controlling share of the New York Mets from the families of Fred Wilpon and Saul Katz to hedge fund manager Steven Cohen. The Mets said Dec. 4 the contemplated deal between Sterling Partners and...
Read More
FILE - In this Dec. 11, 2019, file photo a television screen on the floor of the New York Stock Exchange shows Federal Reserve Board Chair Jerome Powell's Washington news conference. The Federal Reserve approved a proposal Thursday, Jan. 30, 2020, to loosen a financial-crisis era rule that prevents banks from investing in venture capital funds. (AP Photo/Richard Drew, File)
January 30, 2020 - 10:02 am
WASHINGTON (AP) — The Federal Reserve approved a proposal Thursday to loosen a financial-crisis era rule that prevents banks from investing in venture capital funds. The proposal would affect the so-called “Volcker Rule," which was created after the 2008 financial meltdown. The rule bars banks from...
Read More
FILE - In this March 7, 2017 file photo, rowers paddle down the Charles River past the campus of Harvard University in Cambridge, Mass. An annual survey finds that most U.S. universities made money on their financial investments last year, but their returns were tempered by a global economic slowdown fueled by America’s trade war with China. Harvard University remained the wealthiest school in the U.S., with an endowment valued at nearly $40 billion. (AP Photo/Charles Krupa, File)
January 29, 2020 - 11:25 pm
BOSTON (AP) — Most U.S. universities made money on their financial investments last year, but their returns were tempered by a global economic slowdown fueled by America’s trade war with China, according to an annual survey of school finance chiefs. The survey, released Thursday, found that college...
Read More
FILE- In this June 13, 2012, file photo, Rod Beckstrom, president of the Internet Corporation for Assigned Names and Numbers (ICANN), points from behind a podium during a speech in London on expanding the number of domain name suffixes. The company that controls the dot-org online universe is putting the registry of domain names up for sale. (AP Photo/Tim Hales, File)
January 24, 2020 - 12:38 pm
LOS ANGELES (AP) — The company that controls the dot-org online universe is putting the registry of domain names up for sale, and the nonprofits that often use the suffix in their websites are raising concerns about the move. About 15 people protested Friday outside the Los Angeles headquarters of...
Read More

Pages